THOUGHT FOR THE DAY!

Truth needs no law to support it. Truth is self-evident to all. Truth withstands re-examination. Truth survives questions. Throughout history, from Galileo to Zundel, only lies and liars have resorted to the courts to enforce adherence to dogma." -- Michael Rivero

 

Morgan Stanley Whispers: Will The Government Take Us Over?

Inside Morgan Stanley there is a lot of talk this afternoon about a potential government takeover. The widespread expectation that Mitsubishi will attempt to renegotiate its investment in the firm, if not walk away altogether, and the looming threat of downgrades from S&P and Moody’s, has many wondering if the firm can make it into next week intact.

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